Brynford Lease Extensions: Q and A’s

  • Hi, I just randomly found your website. I'm looking for prices on what a lease extension will cost for a one bed apartment located in Brynford. It's up for sale at the moment but has around 78 years of unexpired leasehold
  • I need to extend my existing lease can you assist? I think it has 76 years remaining
  • Do you only undertake lease extensions in Brynford? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • I am looking for a in Brynford and they should be on the Bank of Scotland approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Brynford, and my lease will reach 64 years this August. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I inherited a studio flat in Brynford. The lease commenced in 2001 for 99 years. Now I am wanting for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • I am a FTB of a leasehold flat in Brynford. The lease has just sixety four years unexpired and ground rent is £50. Is it possible for the homeowner to serve the Initial Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the flat owner? Unfortunately the freeholder can not be found, so I am not sure how does it work.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I am the freeholder of a property in Brynford and a leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Brynford